European Data Center Colocation Market : Growth, Size, Share and Forecast 2019-2025

The European data center colocation market is estimated to grow modestly, at a CAGR of 13.1%, during the forecast period. Factors responsible for the growth of the market in Europe include well-developed telecommunication infrastructure, high internet penetration, and high adoption of cloud-based devices among people and organizations. Regulations regarding the data localization such as GDPR by the European Union, and countries-own data localization and protection act are also providing growth to the market. Moreover, the expansion strategy adopted by the majority of the colocation service providers in the region is addressing the increasing demand for colocation data centers across various industry verticals.

To learn more about this report request a free sample copy https://www.omrglobal.com/request-sample/european-data-center-colocation-market

UK, Spain, Germany, France, and Italy are the major economies of Europe that are contributing significantly towards the growth of the European data center colocation market. In order to protect data through better security, the European Union introduced GDPR on 25th May 2018 after the approval in April 2016 after the 4-year preparation and debate. It has replaced the Data Protection Directive 95/46/EC. Aim of the new law is to provide equal data privacy and protect the personal data of users and customers of companies all across Europe. Authoritative bodies include the European Commission, European Parliament, and the Council of Ministers of the European Union.

The companies which are contributing to the growth of the European data center colocation market include AT&T, Inc., BT Group PLC, Equinix, Inc., IBM Corp., and Interxion Holding NV. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in September 2017, Equinix acquired Itconic, a Spain-based data center service provider. It operates five data centers in Spain and Portugal. The cost of the acquisition was $295 million. The deal offered Equinix new enterprise data customers. The company's users now have the facility to carry their traffic to and from Africa to a smaller extent in Northern Europe.

Browse the full report description of European Data Center Colocation Market Market at https://www.omrglobal.com/industry-reports/european-data-center-colocation-market

EUROPEAN DATA CENTER COLOCATION MARKET MARKET-SEGMENTATION

BySolution Type

o Retail Colocation
o Wholesale Colocation

By Verticals

o BFSI
o IT & Telecom
o Healthcare
o Government and Defense
o Others (Media and Entertainment)

Regional Analysis

o UK
o Germany
o Italy
o France
o Spain
o Rest of Europe

Company Profiles

o AT&T, Inc.
o BT Group PLC
o CyrusOne Inc.
o Equinix, Inc.
o IBM Corp.
o Internap Corp.
o Interxion Holding NV
o KDDI Corp.
o NTT Communication Corp.
o SunGuard Availability Services LP

For more customized data, request for report customization
@ https://www.omrglobal.com/report-customization/european-data-center-colocation-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-040

About Us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.